Quadient Enters Agreement to Acquire CDP Communications, Bolstering Number 1 Market Share Position for its Digital Platform

Core Insights - Quadient has announced the acquisition of CDP Communications, enhancing its capabilities in accessible and compliant customer communications [1][4] - The acquisition aligns with Quadient's strategic objectives for 2030, emphasizing inclusion and accessibility [1][5] Group 1: Acquisition Details - CDP Communications is recognized for its innovative solutions in document accessibility and automation, which will now be integrated into Quadient's offerings [1][3] - The acquisition is expected to close in the coming days, with CDP's teams joining Quadient's Canadian operations for a smooth integration [6] Group 2: Market Context - New compliance regulations in Europe and North America are driving the need for businesses to ensure that all digital content, including customer-facing documents, meets accessibility standards [2] - The emphasis on customer experience necessitates the adoption of solutions like those provided by CDP Communications [2] Group 3: Technological Advancements - CDP's technology will enhance Quadient's Digital automation portfolio, accelerating innovation and improving compliance features [4] - The integration will simplify the conversion of documents into accessible formats and automate validation against global accessibility standards [4] Group 4: Strategic Implications - The acquisition reinforces Quadient's commitment to digital innovation and positions the company to better serve existing customers while attracting new ones [5] - Quadient's Customer Communications Management (CCM) platform will be strengthened, recognized as a leading solution in the market [5]